Karachi, Unilever Pakistan Foods Limited informed Pakistan Stock Exchange that the Parent Company has been transferred from Mrs. Shazia Syed to Mr. Amir R. Paracha, CEO and Director of the Company and One Nominee Physical Share has been transferred from Ms. Madeeha Chaudhry to Ms. Tazeen Fatima, Manager of the Company without consideration.
Unilever Pakistan Foods Limited is a limited liability company incorporated in Pakistan. The foundations of the company are formed under the Companies Ordinance, 1984. It manufactures and sells consumer and commercial food products under brand names of Rafhan, Knorr, Energile, Glaxose-D and Foodsolutions. The company is listed on the Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is located at Karachi.
The company is a subsidiary of Conopco Inc. USA, whereas its ultimate parent company is Unilever N.V. Holland. Unilever represents in 150 countries globally with over 200,000 employees. In Pakistan, Unilever made its debut in 1948, and today it is one of the most prominent multinationals in the country operating though two affiliated companies viz. Unilever Pakistan and Unilever Pakistan Foods. The two public listed limited companies have 5 wholly owned and 7 third party manufacturing sites across Pakistan and employees around 1,500 people on their payroll and many thousands indirectly.
The symbol “UPFL” is being used by the stock exchanges for the shares of Unilever Pakistan Foods Limited.